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3 years ago

Identify whether a debit or credit results in the indicated change for each of the following accounts.

Business

1 answer:

Maksim231197 [3]3 years ago

8 0

Answer:

a. To increase Land - Debit

b. To decrease Cash - Credit

c. To increase Fees Earned (Revenues) - Credit

d. To increase Office Expense - Debit

e. To decrease Unearned Revenue - Debit

f. To decrease Prepaid Rent - Credit

g. To increase Notes Payable - Credit

h. To decrease Accounts Receivable - Credit

i. To increase Common Stock - Credit

j. To increase Store Equipment - Debit

Explanation:

Debit gives details of spending, sum owed , amount to balance which is usually recorded to the left side of an account entry book while credit gives the details of income, amount earned or made on sale, spending cut and revenue and is usually placed to the right hand column of an account entry.

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A 5 percent increase in income leads to a 10 percent in the quantity demanded for a service. This service is a(n)_____good, an t

Charra [1.4K]

Answer:

A) normal; elastic

Explanation:

As we know,

1. Perfectly inelastic = When elasticity is zero

2. Inelastic = When elasticity is below than one

3. Unitary elastic = When elasticity is equal to one

4. Elastic = When elasticity is above than one

5. Perfectly elastic = When elasticity is in infinity

And, the income elasticity of demand would equal to

= (Percentage Change in quantity demanded) ÷ (Percentage Change in income)

= (10%) ÷ (5%)

= 2%

As we see that the income elasticity of demand is more than one which represents the elastic plus in normal good it shows a positive relationship between the income and quantity demanded and the elasticity also comes in positive.

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4 years ago

Craigburg has a working age population of 20 million. Of those, 11 million are employed and 1 million are unemployed. The unempl

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These are the answers

1. 8.3%
2. 60%

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3 years ago

Whether a deliberate choice by a leader, or ostracized by the organization, __________ are sequestered from the rest of the comp

tatiyna

The answer is D)<span> Insulating teams – (example--the scientific team that developed the atomic bomb)
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While the example of the atomic bomb is a bit of stretch many companies still use such internal tactics.

For example, companies in the creative industries, Research & Development, Deep Tech and Information Technology also work through insulating teams to protect intellectual property or whatever the outcomes of the project will be.
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4 years ago

You are the president of an internet company that has enjoyed great success. You are considering expanding operations into the S

nexus9112 [7]

Answer: See explanation

Explanation:

A bond is regarded as a fixed income instrument and it's a loan that an investor makes to a borrower. On the other hand, in preference shares, dividends have to be paid out to the shareholders before the issuance of common stock dividends.

We should note that whilw bonds typically have a maturity date, the preference shares do not have a maturity date.

During bankruptcy, bondholders are more likely to get paid than the holders of preference shares. When there's default, bondholders can go to court since they've a legal obligation to get paid unlike the holders of preference shares who do not.

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3 years ago

A bond's annual coupon is ____________. a. the coupon rate times the bond's value. b. the required rate times the bond's value.

bixtya [17]

Answer:

The correct answer is letter "C": the coupon rate times the par value.

Explanation:

Bond coupons represent the interest rate on the bond times its par value. Typically, the coupon is paid on a semi-annual basis. To determine the interest rate of the coupon, add all coupon payments for a given year and divide that amount by the face value. Coupons used to be printed on paper but they are mostly electronic nowadays.

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